Dear
Friends,
Nifty
Daily chart shows clearly that if nifty cross & close 3 days continues
above 5200 then more upside expected as already seen in chart
Here
also another bullish pattern on chart which is INVERT HEAD & SHOULDER with 450
point (5140-4720). Neckline is 5140 & this pattern low is 4720 which is
work as SUPPORT. 5140 to 5200 which is consolidation zone breakout any side,
Downside breakout Support is 4720 & breakout above 5200 Upside open till 5435-5550-5700. Near 5700 profit booking expected. In this chart i also seen that RSI which moving towards UP(Higher high formation) which is positive sign for push up market UP
Risky
player can try Nifty future/ Mini nifty or call option with given prior levels.
Safe
player can try Nifty BEES or Nifty 50 stocks which ready for bottom out.
KEEP
SL IN ALL POSITIONS.
He$H.
. .
